Pakistan Impresses IMF with Climate Change and Economic Performance

IMF to Release $1.2 Billion to Pakistan on December 9
Pakistan has shown strong performance in its negotiations with the International Monetary Fund (IMF), according to an official statement.
Economic review talks between the Pakistan and IMF teams will continue, the statement added. The virtual negotiations between the two sides took place from February 25 to March 11.
The IMF noted that due to regional tensions, additional rounds of discussions will be needed.
Pakistan’s performance on climate change-related targets has been commendable, the statement said. The country is also implementing a 28-month RS program for climate change.
However, the statement acknowledged that the regional situation is affecting Pakistan’s economy and may impact the objectives of the IMF program.
Economic discussions between the IMF mission and Pakistani authorities will continue. Consultations will also take place on the third review of Pakistan’s loan program with the IMF.
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